Business news from Ukraine

Ukrainian metal and mining enterprises in January-July 2018 tentatively increased rolled steel output by 4% year-over-year, to 10.636 million tonnes. According to the Ukrmetallurgprom association, steel smelting grew by 1%, to 11.99 million tonnes, and cast iron output increased by 7%, to 11.75 million tonnes.
The production figures of enterprises in January-July 2018 were higher in comparison with the same period in 2017 not taking into account two months of work of the enterprises in the Ukrainian government’s uncontrolled area: rolled steel output grew by 9%, steel – by 5%, and cast iron – by 12%.
In July 2018, Ukrainian metal companies produced 1.598 million tonnes of cast iron (98% to the previous month), 1.599 million tonnes of steel (93%), and 1.375 million tonnes of rolled steel (90%).
“The reduction in production of key types of products is linked to overhauls and scheduled maintenance works at some plant,” the association said.
As reported, Ukrainian metal and mining enterprises in 2017, taking into account the two months of operation of the enterprises on the government uncontrolled areas, reduced steel output by 12% year-over-year, to 21.284 million tonnes, rolled steel – by 14%, to 18.439 million tonnes, and cast iron – by 15%, to 20.035 million tonnes,
In 2016, Ukraine boosted steel output by 6% year-over-year, to 24.2 million tonnes, cast iron – by 8%, to 23.6 million tonnes, and rolled steel – by 6%, to 21.4 million tonnes.

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